EURUSD at Major Resistance Dating back years.

Check out Dollar Index correlation and any fresh data and interest rates out the US that facilitate a strong dollar for this to pay out. So far, the indications point to the EURUSD maintaining resistance at the top of the channel here.

註釋

We are still seeing consolidation at the resistance level in the EUR and there is now a bigger case that the USD will weaken against the EUR. I am now changing the bias of the EUR to an upside break out of the long term resistance. I will be playing long on dips in the EUR. Please stay tuned for futher idea videos regarding this development.